Global 5-Hydroxytryptophan (5-HTP) Market is Expected to Reach USD 51.4 Million by 2019: Transparency Market Research - KMPH FOX 26 | Central San Joaquin Valley News Source

Global 5-Hydroxytryptophan (5-HTP) Market is Expected to Reach USD 51.4 Million by 2019: Transparency Market Research

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE http://www.transparencymarketresearch.com/

ALBANY, New York, June 12, 2014 /PRNewswire/ --


Transparency Market Research has released a new market report titled "5-Hydroxytryptophan (5-HTP) Market for Food and Beverage, Dietary Supplements, Medical and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019." According to the report, the 5-HTP market was valued at USD 31.7 million in 2012 and is anticipated to reach USD 51.4 million by 2019, increasing at a CAGR of 7.1% from 2013 to 2019. In terms of volume demand for 5-HTP stood at 136.4 tons in 2012.

Browse the full 5-Hydroxytryptophan (5-HTP) Market Report at http://www.transparencymarketresearch.com/5-htp-market.html

5-Hydroxytryptophan (5-HTP) is a precursor to neurotransmitter serotonin and an intermediate of tryptophan metabolism. 5-HTP is an essential amino acid produced by the brain that regulates serotonin level in the body. Global demand for 5-HTP is primarily driven by the rapidly changing lifestyle of various population groups across the world. Increased stress level due to improper diet and hormone fluctuations have led to higher consumption of anti-depressant medications. Furthermore, being a plant extract, 5-HTP offers several advantages over tryptophan, a synthetically derived anti-depressant available in the market. These factors are expected to remain the major driving force for the 5-HTP market. Complication involved in the supply and price of raw material, i.e. seeds of Griffonia Simplicifolia, is likely to be the key challenge for market participants.

5-HTP used for dietary supplement applications was the predominant application segment, accounting for over 40% of the total demand in 2012. Demand for 5-HTP used for dietary supplements is estimated to rise significantly in the next few years due to increasing consumption of 5-HTP to maintain serotonin level in the brain. 5-HTP is widely consumed in the form of dietary supplements across the globe. It has a positive effect on pain sensation, anxiety, sleep and reduced appetite.

North America accounted for about 48.0% of the total 5-HTP market in 2012, followed by Europe and Asia Pacific. Asia Pacific is expected to be the one of the fastest growing regional markets in terms of consumption and production of 5-HTP. The region is characterized by the presence of numerous small and medium sized 5-HTP producers. Changing lifestyle is also anticipated to be a major factor for higher demand for 5-HTP. This has encouraged various manufacturers to focus on capacity expansion in Asia Pacific. Europe is the other major region with higher consumption of 5-HTP. In terms of volume, demand for 5-HTP in Europe is expected to increase at a CAGR of about 6.8% from 2013 to 2019.

Related & Recently Published Reports by Transparency Market Research 


Linnea SA, Chemill Inc, Jiaherb Inc, SanHerb Biotech Ltd., and Cactus Botanics are some of the major participants operating in the 5-HTP market.

5-HTP Market - Application Analysis 

  • Food and Beverage
  • Dietary Supplements
  • Medical
  • Others (Specialty medications, etc.)

Browse the full 5-Hydroxytryptophan (5-HTP) Market Report at http://www.transparencymarketresearch.com/5-htp-market.html

5-HTP Market - Regional Analysis 

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Browse Chemical & Materials Market Research Reports @ http://www.transparencymarketresearch.com/chemical-market-reports-2.html

About Us 

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact 

Ms. Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/

Company Blog: http://www.tmrblog.com/

Blog: http://transparencymarketresearch.areavoices.com/


©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.